Common use of No Registration Rights to Third Parties Clause in Contracts

No Registration Rights to Third Parties. Without the prior written consent of the Preferred Majority, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this Section 3, or otherwise) relating to any securities in the Company which are senior to, or on parity with, those granted to the Holders of Registrable Securities. In any event, if the Company proposes to grant to any Person any registration right of any nature that is superior to the registration rights of the Holders under this Section 3, as determined in good faith by the Board (including the affirmative votes or written approval of at least two (2) Investor Directors), the Company shall concurrently grant such superior registration right to the Holders.

No Registration Rights to Third Parties. Without the prior written consent of the Preferred MajorityHolders of a majority of the Registrable Securities then outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form S-3 registration rights described in this Section 32, or otherwise) relating to any securities in of the Company which are senior to, or on parity with, those granted to the Holders of Registrable SecuritiesCompany. In any event, if the Company proposes to grant grants to any Person holder of the Company’s security any registration right of any nature that is are superior to the registration rights of the Holders under this Section 3Holders, as determined in good faith by the Board (including the affirmative votes or written approval consent of at least two (2) Investor Directorsthe Series B Directors and Series C Director), the Company shall concurrently grant such superior registration right to the HoldersHolders as well.

No Registration Rights to Third Parties. Without the prior written consent of the Preferred Majorityholders of at least [**] of the Registrable Securities Then Outstanding, the Company covenants and agrees that it shall not grant, or cause or permit to be created, for the benefit of any Person any registration rights of any kind (whether similar to the demand, “piggyback” or Form F-3 or Form F-3/S-3 registration rights described in this Section 3Article 2, or otherwise) relating to any securities in Securities of the Company which are senior to, or on a parity with, those granted to the Holders of Registrable Securities. In any eventevent and without limiting the foregoing, if the Company proposes to grant grants to any Person holder of the Company’s Securities any registration right of any nature that is are superior to the registration rights of the Holders under this Section 3Holders, as determined in good faith by the Board (including the affirmative votes or written approval consent of at least two (2) all Investor Directors), the Company shall concurrently grant such superior registration right to the HoldersHolders as well.